Dr Reddy's Laboratories (Dr Reddy's Laboratories) Change In Inventory : $-177 Mil (TTM As of Dec. 2023)

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What is Dr Reddy's Laboratories Change In Inventory?

Dr Reddy's Laboratories's change in inventory for the quarter that ended in Dec. 2023 was $-62 Mil. It means Dr Reddy's Laboratories's inventory increased by $62 Mil from Sep. 2023 to Dec. 2023 .

Dr Reddy's Laboratories's change in inventory for the fiscal year that ended in Mar. 2023 was $-32 Mil. It means Dr Reddy's Laboratories's inventory increased by $32 Mil from Mar. 2022 to Mar. 2023 .

Dr Reddy's Laboratories's Total Inventories for the quarter that ended in Dec. 2023 was $730 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dr Reddy's Laboratories's Days Inventory for the quarter that ended in Dec. 2023 was 179.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dr Reddy's Laboratories's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.51.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Dr Reddy's Laboratories's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.81.

Dr Reddy's Laboratories Change In Inventory Historical Data

The historical data trend for Dr Reddy's Laboratories's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dr Reddy's Laboratories Change In Inventory Chart

Dr Reddy's Laboratories Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-64.47

-19.95

-170.31

-130.10

-32.26

Dr Reddy's Laboratories Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-19.92	-1.47	-56.41	-56.60	-62.50

Dr Reddy's Laboratories Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-177 Mil.

Dr Reddy's Laboratories (NYSE:RDY) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Dr Reddy's Laboratories's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	705.752	/	359.682	*	365 / 4
	=	179.05

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Dr Reddy's Laboratories's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	359.682	/	705.752
	=	0.51

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Dr Reddy's Laboratories's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	705.752	/	866.601
	=	0.81

Dr Reddy's Laboratories Change In Inventory Related Terms

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Dr Reddy's Laboratories (Dr Reddy's Laboratories) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dr Reddy's Laboratories Ltd (NYSE:RDY) » Definitions » Change In Inventory

Traded in Other Exchanges

DRREDDY:India 500124:India RDDA:Germany RDDA:Germany R1DY34:Brazil

Address

8-2-337, Road No. 3, Banjara Hills, Hyderabad, TG, IND, 500 034

Website

https://www.drreddys.com

Dr. Reddy's is one of the largest generic drug manufacturers in the world. It has a significant presence in North America, a region that makes up roughly half of its generics sales, and it services India (22% of its generics sales), Russia (12%), and certain European and Latin American countries. Beyond simple generics, Dr. Reddy's also has a solid portfolio of injectables which make up 25% of its North America sales. In branded generic markets like India, Dr. Reddy's has established a compelling presence with its strong brand name and earned a top five spot in key therapeutic areas including oncology and gastroenterology. Dr. Reddy's also has an active pharmaceutical ingredient business that manufactures over 150 APIs and sells in over 75 countries.